Revisiting security defences as breaches, BEC losses mount

You are here

Even as the US FBI warned that business email compromise losses had hit $US12 billion and were continuing to grow, Ticketmaster was warning customers about a payment-card hack after the compromise of a chat-bot tool led to a high-profile compromise.

Yet even as businesses get more options for protection, they also face new threats such as the continuing evolution of complex Internet of Things (IoT) security issues.

IoT has followed, conceptually at least, in the footsteps of cloud computing – whose rapid emergence and evolution has created new security issues as quickly as customers can adopt it.

There were warnings about the adequacy of the security in new WPA3-certified routers, which provide an incremental improvement to data security.

Those seeking to improve security should perhaps consider reading up on tactics for better securing cryptographic keys. And, Microsoft argues, they should also consider upgrading to Windows 10 – which the company credits with stopping a ‘double zero-day exploit’ before anybody was infected.